Thursday, January 29, 2009

These other legs of the stool will be rolled out systematically

Today, Barack Obama spoke about the economic stimulus plan: “We expect that even as the reinvestment and recovery package moves forward -- as I said, that’s only one leg of the stool, and that these other legs of the stool will be rolled out systematically in the coming weeks”. I don’t think I’d care to sit on this stool, with its systematically rolling legs.

SHOVEL-READY: “The American people understand that we’ve got a big hole that we’ve got to dig ourselves out of -- but they don’t like the idea that people are digging a bigger hole even as they’re being asked to fill it up.” So this is the future of the American economy: putting endless numbers of legs on stools and digging and then filling in increasingly large holes. Obamanomics!

He also complained about the “shameful” bonuses executives in firms being bailed out have awarded themselves. “And part of what we’re going to need is for the folks on Wall Street who are asking for help to show some restraint, and show some discipline, and show some sense of responsibility.” Because it’s really quite surprising that the “folks” on Wall Street haven’t displayed their customary restraint, discipline and sense of responsibility.

If you haven’t seen it yet, the jailbreak of the century (Update: original video removed by YouTube. Let's see how long this one lasts):

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